Junior Model Developer

REQ-10114891
13/05/2026
Financial Risk
Milan, Italy
ING Bank

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ING is looking for graduates in STEM or economic disciplines to join the Bank-wide Credit Risk, ESG Risk development teams, or the Risk Strategy and Oversight group.

We are hiring resources to be based in Milan within the following departments:

Bankwide Credit Risk Models
ESG Risk Models
Risk Strategy and Oversight

We are seeking junior developers or recent graduates with a strong interest in model development within the banking and credit risk domain, willing to apply their quantitative and technical skills to support our model development teams.

Key responsibilities

Join a model development team and progressively take responsibility in supporting activities across the full model development lifecycle: methodology definition/application, data collection and analysis, development, calibration, documentation, and monitoring
Contribute to interactions with supervisory authorities and collaborate on testing, validation, internal audit, and production release activities
Work closely with experienced colleagues throughout the model lifecycle
Contribute to portfolio and in-depth analyses supporting both business-as-usual model usage and ad-hoc initiatives requiring advanced understanding of model functioning

Who we are looking for

Master’s degree or PhD, preferably in Econometrics, Physics, Statistics, Mathematics, or Engineering
Ability to read and interpret data using office tools, programming languages, and GenAI tools; practical knowledge of GenAI is considered a plus
Basic knowledge of the banking regulatory framework (ECB, EBA) is a plus
Strong knowledge of data modelling and coding tools (Python, R, SAS)
Good communication skills
Strong analytical and problem-solving capabilities, with solid execution skills
Creative and innovative mindset
Team player
Good command of English

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Martina Giulia Lucia Piovani

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ING’s vision is to unlock our people’s full potential through our inclusive culture where everyone has the opportunity to develop and have impact for our customers and society. To achieve this vision, our policies support diversity, equity, and inclusion. As an equal opportunity employer, we do not tolerate discrimination of any kind with regard to age, gender, gender identity, cultural background, experience, religion, race, ethnicity, disability, family responsibilities, sexual orientation, social origin, or any other status protected by applicable law. If you require any assistance or if we can accommodate you in any way when participating in our application and/or interview process, please email the recruiting contact listed for the relevant position. We will be happy to work with you to ensure a fair and accessible process. Read more about our commitment to diversity, inclusion and belonging here.